154-158 Durham Street, Sudbury, Ontario P3E3M7

Property Description

Excellent opportunity with excellent return. Multi level 22000 square foot building. Fully leased to multiple tenants with a cap rate of 8%. Many long term tenants that wish to renew and stay where they are. Downtown location has excellent traffic and a mixture of retail, personal services and office tenants. This property has been very well maintained. New roof, mechanicals in great shape with regular servicing. Minimal common area. Top level apartment boats 3 bedroom and carriage trade finishings. Currently rented on a month to month basis at great rent but would make a great Executive Short term rental. Current rents are at or below market. All leases and income/expenses statement available upon signing an NDA. All 9 office/retail/apartments are rented with staggered renewal dates. Please call listing Broker for more information (id:5764)